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BPCL WEEKLY/MONTHLY ANALYSIS
BHARAT PETROLEUM CORP LTD
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BPCL WEEKLY/MONTHLY ANALYSIS
Oleh nellurimahesh
Ikuti
Ikuti
Diupdate
12 Jan 2023
3
10 Jan 2023
In Weekly TF, BPCL is at Crucial Support and formed Reversal Pattern.
Even in Monthly TF, it is forming beautiful Price Action.
https://www.tradingview.com/x/WHvOGd5e/
I would be going long if the daily TF candle sustains Above 350.
For Swing trading, My Stoploss would be below recent Support turned Resistance i.e Below 330 AND Target would be between 385-400. Matching my 1:2 RR.
For Positional Trading, My Stoploss would be below the Support trendline i.e Below 300 AND Target would be between 460-480.
https://www.tradingview.com/x/LFMs8ugs/
12 Jan 2023
Trade aktif
Entered for Swing trade above 250
Chart Patterns
positionaltrade
priceaction
swingtrading
Trend Analysis
nellurimahesh
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